NOT LISTED FOR SALE

505 E Valencia Ave Burbank, CA 91501

Hillside District Neighborhood

Estimated Value: $1,283,000 - $1,729,000

2 Beds
1 Bath
800 Sq Ft
$1,848/Sq Ft Est. Value

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Heating System Uses Natural Gas
  • Joaquin Miller Elementary School Rated A-
  • Laundry Room

About This Home

As of February 2014

Great opportunity to lease this completely remodeled beautiful 2 bedroom, 1 bathroom home in Burbank with a 1 car garage. This home features a cozy living room with convenient closet space for your storage needs. The kitchen features granite counter tops, wooden cabinets for plenty of storage space and a huge window that allows ample amount of sun light to shine through. Kitchen is equipped with a new refrigerator, stove and microwave. The bathroom has tile flooring, a beautiful modern sink and a shower over tub. This home is a must see and is conveniently close to the freeway, shops and all the Burbank schools!

Last Agent to Rent the Property

Rafael Ortega

No Firm Affiliation License #01790501 Listed on: 12/27/2013

Last Renter's Agent

Rafael Ortega

No Firm Affiliation License #01790501 Listed on: 12/27/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 7,841 Sq Ft Lot
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • 800 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,950
  • Rent includes water
  • Tax Lot 40
  • Tax Tract Number 6694
  • Assessor Parcel Number 5621026020

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 1950
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5621026020
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 2.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Month To Month
  • Lot Size Area: 7841.0000 Square Feet
  • Rent Includes: Water

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 6694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2009
Sold by
Jaramillo Gloria Ines and Majidi Kh Gloria
Bought by
Jaramillo Gloria Ines
Current Estimated Value
$1,478,114

Purchase Details

Closed on
Feb 2, 2006
Sold by
Majidi Kh Yaghob Jake
Bought by
Majidi Kh Gloria

Purchase Details

Closed on
Jan 1, 1997
Sold by
Simay Gregory L
Bought by
Majidi Kh Yaghob and Majidi Kh Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Outstanding Balance
$21,331
Interest Rate
7.58%
Estimated Equity
$1,456,783

Purchase Details

Closed on
Mar 6, 1995
Sold by
Simay Gregory L and Julius L Simay Revocable Trust
Bought by
Simay Gregory L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jaramillo Gloria Ines -- None Available
Majidi Kh Gloria -- None Available
Majidi Kh Yaghob $266,000 Southland Title Corporation
Simay Gregory L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majidi Kh Yaghob $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2014 02/22/14 Rented $1,900 -2.6% --
02/21/2014 02/21/14 Under Contract -- -- --
12/27/2013 12/27/13 For Rent $1,950 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,042 $433,208 $244,292 $188,916
2024 $5,042 $424,714 $239,502 $185,212
2023 $4,992 $416,387 $234,806 $181,581
2022 $4,773 $408,223 $230,202 $178,021
2021 $4,741 $400,220 $225,689 $174,531
2019 $4,556 $388,351 $218,996 $169,355
2018 $4,457 $380,737 $214,702 $166,035
2016 $4,213 $365,955 $206,366 $159,589
2015 $4,130 $360,459 $203,267 $157,192
2014 $4,145 $353,399 $199,286 $154,113
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2014

    Rafael Ortega

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13252304

California Regional Multiple Listing Service (CRMLS)

APN: 5621-026-020

California Los Angeles County Burbank 91501 Hillside District

505 E Valencia Ave, Burbank, CA

Not Listed for Sale

Detached

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